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Dollar, Treasury Yields Rise After Fed's Waller Backs December Rate Increase -- Market Talk

Dollar, Treasury Yields Rise After Fed's Waller Backs December Rate Increase -- Market Talk

Dow JonesDow Jones2026/11/10 09:55

0954 GMT - The dollar turns higher while Treasury yields rise after Federal Reserve governor Christopher Waller said he would support raising interest rates by 25 basis points in December. "However, if inflation comes in substantially higher than I expect, more robust action by the FOMC may be called for," he said at a conference in London. Markets now price a 98% chance of the Fed raising rates by 25bps in December, up from 84% before the comments, LSEG data show. The DXY dollar index rises 0.1% to 101.703. Ten-year Treasury yields tick up by 2 basis points to 4.882%, according to Tradeweb. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

November 10, 2026 04:55 ET (09:55 GMT)

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